Fitzpatricks Real Estate

Suburb Spotlight: Estella

Fitzpatricks - 11/02/2016

Estella is situated on the elevated northern extreme of Wagga, overlooking the Murrumbidgee River and only five minutes drive to Wagga’s central district. The suburb is relatively new, with development commencing in the 1980s, and the streets named after crop varieties and individuals historically associated with the nearby Agricultural Research Institute. Located directly to the south of Charles Sturt University and to the west of Boorooma, the southern …

Property Market & Stats

Wagga: Ranking 14th in Affordability

Fitzpatricks - 04/02/2016

Last week The Daily Advertiser featured an article on Wagga’s ranking of 14th in Australia for affordable housing (see the full article here), which takes into account the median house price in comparison to the median household income. The Demographia International Housing Affordability Survey is crucial recognition of the city’s stable economy and housing market, and as a worldwide measure Wagga ranks 258th – ahead of Sydney (51st in Australia, 366th …

The ATO & Your Investment Property

Fitzpatricks - 02/02/2016

The Australian Tax Office (ATO) will look closely if it knocks on your rental property door. Knowing what can and cannot be deducted as a legitimate tax expense can be a minefield when it comes to investment property. Late last year it notified tax agents of the continuing rental audit program of their clients that aims to ensure taxpayers do not over claim rental deductions. …

Lifestyle

School Zones

Fitzpatricks - 28/01/2016

We are lucky to have such a broad choice when it comes to education in Wagga Wagga, but it’s not as straightforward as choosing the school with the “best” reputation or the coolest uniforms, then enrolling your child. Each school is zoned and those families living within a school’s designated intake area take priority for placement at the school, with a limited number of “out of zone” placements available …

Vacant Property Upkeep

Fitzpatricks - 27/01/2016

Keeping a vacant property well presented and kept to exceptional cleanliness standards particularly through the Summer season, where Wagga’s market shows a dramatic incline in tenant vacation, is extremely beneficial to leasing your property to prospective tenants. When attending an inspection, our leasing consultants ensure that they present the property well – including: Taking in garbage bins Cleaning the mail box of any junk mail/ previous tenant mail …